Industry Segments

9 Months Ended

Sep. 29, 2012

Industry Segments

6. Industry Segments

Our reportable segments are business units that offer different products and are managed separately because each business requires different technology and marketing strategies. Our reportable segments are: semiconductor equipment, microwave communications and video cameras.

We allocate resources and evaluate the performance of segments based on profit or loss from operations, excluding interest, corporate expenses and unusual gains or losses. Intersegment sales were not significant for any period.

Financial information by industry segment is as follows (in thousands):

	Three Months Ended						Nine Months Ended
	September 29, 2012			September 24, 2011			September 29, 2012			September 24, 2011
Net sales by segment:
Semiconductor equipment	$	47,002		$	59,409		$	139,279		$	208,480
Microwave communications		7,051			7,672			19,663			20,620
Video cameras		3,695			4,732			11,506			13,309
Total consolidated net sales and net sales for reportable segments	$	57,748		$	71,813		$	170,448		$	242,409
Segment profit (loss):
Semiconductor equipment	$	(1,006	)	$	3,274		$	(2,345	)	$	19,480
Microwave communications		53			371			(810	)		(89	)
Video cameras		133			195			(49	)		468
Profit (loss) for reportable segments		(820	)		3,840			(3,204	)		19,859
Other unallocated amounts:
Corporate expenses		(1,787	)		(1,180	)		(5,175	)		(3,728	)
Interest and other, net		739			114			920			340
Income (loss) before income taxes	$	(1,868	)	$	2,774		$	(7,459	)	$	16,471

A small number of customers of our semiconductor equipment segment historically have been responsible for a significant portion of our consolidated net sales. Significant customer concentration information is as follows (in thousands):

	Three Months Ended		Nine Months Ended
	September 29, 2012	September 24, 2011	September 29, 2012	September 24, 2011
Customers individually accounting for more than 10% of consolidated net sales	one	two	one	two
Percentage of consolidated net sales	39%	50%	41%	46%